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- November 25, 2020
A half-century ago, the federal government set out to attack the racial wealth gap by supporting Black-owned banks. Policy makers hoped the banks would lend to Black communities sidelined by the mainstream financial system. But five decades of federal financial and regulatory support have failed to boost America’s Black-owned banks. The majority have disappeared under
READ MOREPresident-elect Joe Biden wants you to know that reports of the death of America’s political center are greatly exaggerated. In fact, in a conversation with a few columnists on Wednesday, Mr. Biden delivered a resounding declaration that the political center is alive and well, that he resides there, that he’s always been there, and that
READ MOREA view of a mosque destroyed by regime forces in Douma, Syria, on March 21, 2018. Douma, on the outskirts of Damascus, was targeted by an air strike carried out by Syrian government forces. Muhmmad Al-Najjar/SOPA Images/LightRocket via Getty Images hide caption toggle caption Muhmmad Al-Najjar/SOPA Images/LightRocket via Getty Images A view of a mosque
READ MORE“ ‘Assets will not decline when measured in the depreciating value of money. I believe that with the enormous amount of debt and money that has been created and will be created in the future, the most important thing to pay attention to is the value of debt and money relative to the value of
READ MOREA half-century ago, the federal government set out to attack the racial wealth gap by supporting Black-owned banks. Policy makers hoped the banks would lend to Black communities sidelined by the mainstream financial system. But five decades of federal financial and regulatory support have failed to boost America’s Black-owned banks. The majority have disappeared under
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